Extensive termite damage, framing, windows, all major systems, roof, appliances, baths etc. 1200/ft and will run about $80k and that is self managed - not paying for someone else to manage that for you.  

In his representation agreement 2 years back, he didn't mention about any fees for lease extension.

Hi, got an extension of filing since getting bogged down with details.

I suggest confirming your state laws and staggering the rent increases and lease extensions.

I'm eager to start looking for my first deal, however I'm barely conducting some of the necessary research (what lead me here) I'm walking home from the park and I'm exited to see a couple of houses already for sale near by but I'm not sure how to initial contact.

My plan is to due extensive rehab which should allow the property to appraise for higher so as to remove the PMI ASAP.In the closing paperwork, I received a standard document stating that when I reach 80% LTV based on current appraised value, I am eligible to have PMI removed.Come to find out later (after closing), that Freddie Mac will only remove PMI if appraised value reaches 65% LTV based on re-appraisal.From my reading, it seems that 65% is the overriding rule.

Can wholesalers have themselves gazed out of a market but charging exuberant fees on properties whose value won’t equate after extensive rehabs on these same homes the wholesalers are selling?

And, if your relative filed for an extension back in April of 2016, it's not too late to fix her 2015 return as well, but only before Oct 15. 

$500/unit  selling/buyer credits/closing costsWe have no idea of values there, but no complex here worth only $40k/unit would sell for $100k/unit as condos, even with extensive rehab.

That isn't exactly a slam dunk deal, especially since you were paying cash and you had to do an extensive rehab.